Stepan Co
195 hedge funds and large institutions have $1.8B invested in Stepan Co in 2023 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 63 increasing their positions, 69 reducing their positions, and 34 closing their positions.
240% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $501K
33% more capital invested
Capital invested by funds: $1.35B → $1.8B (+$446M)
4.29% more ownership
Funds ownership: 80.74% → 85.03% (+4.3%)
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
9% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 69
2% less funds holding
Funds holding: 199 → 195 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$44.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$40.5M |
| 3 |
BlackRock
New York
|
+$15M |
| 4 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$10.9M |
| 5 |
First Eagle Investment Management
New York
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$16.1M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$9.48M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$4.64M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$4.29M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.44M |
SCL Hedge Fund Activity: Q4 2023 in Review
195 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Stepan Co (SCL) for Q4 2023, worth a combined $1.8B — up 33% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of SCL and 32 opened new positions — a net loss of 2 holders — while 69 trimmed existing stakes and 63 added.
The largest buyer was Morgan Stanley, adding an estimated $44.9M. The largest seller was First Trust Advisors, cutting an estimated $16.1M.
- 195 institutional investors held Stepan Co (SCL) as of Q4 2023, down from 199 in Q3 2023.
- Funds reported $1.8B of Stepan Co stock for Q4 2023, up 33% quarter-over-quarter.
- 32 funds opened new Stepan Co positions in Q4 2023 and 34 closed out, a net change of -2 holders.
- The largest Stepan Co buyer in Q4 2023 was Morgan Stanley, an estimated $44.9M added.
- The largest Stepan Co seller in Q4 2023 was First Trust Advisors, an estimated $16.1M sold.
Based on aggregated 13F filings for Q4 2023.